Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | QFEXOURA-USD | 51.430 | −0.0014 | get 0.0002% / 1h | 19m 33s | $1.1M | $566K | 10x | Long QFEX |
| SHORT | OKXOURA-USDT-SWAP | 51.386 | 0 | get 0.0000% / 8h | 5h 19m | $132K | $1.1M | 20x | Short OKX |
Price gap−0.086%
Funding gap+0.0014% /8h
Funding pays $0 a day on $10k, but the gap is 0.067% under its 7d average: −$7 if it goes back, about 16 days of funding. At the last 7 days' pace that is about years.
Funding you earn now+0.0014% /8hpaid last 24h 0.000% · next 11:00 UTC
Price spread now−0.086%7d average −0.018% · you buy dearer than you sell
Net 7d · $10k—Paid 7d $017h − costs $176 · under 7 days of funding history
Net, price · $10k−$183spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$1761.758% of a $10k position
Funding, last
17 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+0.131%+$13 · now −0.086%, avg −0.018%
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
OKX price against QFEXnow
RANGE STATS · 7D
Now−0.086%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0216% · 1h | 1h | 52.395 | +1.876% | $110K | $197K | 5x | No | 52.395 · +1.876% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.430 | long leg | $1.1M | $566K | 10x | No | 51.430 · long leg · OI $1.1M · 10x · KYC No | LONG |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.386 | −0.086% | $132K | $1.1M | 20x | Yes | 51.386 · −0.086% · OI $132K · 20x · KYC Yes | SHORT |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.520 | +2.119% | $601K | $391K | 10x | Yes | 52.520 · +2.119% · OI $601K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.266 | −0.319% | $1.6M | $10.0M | 20x | Yes | 51.266 · −0.319% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.240 | −0.369% | — | $2.2M | 10x | No | 51.240 · −0.369% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | +0.292% | $12K | $393K | 10x | Limited | 51.580 · +0.292% · OI $12K · 10x · KYC Limited | longshort |
| tradeXYZxyz:OURA | +0.0001% · 1h | 1h | 51.320 | −0.214% | $226K | $1.0M | 5x | No | 51.320 · −0.214% · OI $226K · 5x · KYC No | longshort |
| BloFinOURA-USDT | +0.0023% · 8h | 8h | 51.480 | +0.097% | $46K | $26K | 20x | Limited | 51.480 · +0.097% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.552% | $101K | $73K | 20x | No | 51.146 · −0.552% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.435 | +0.010% | $811K | $3.4M | 20x | Yes | 51.435 · +0.010% · OI $811K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.650 | +0.428% | $15K | $3.3M | 20x | Yes | 51.650 · +0.428% · OI $15K · 20x · KYC Yes | longshort |
Before you open
0 ok · 5 to watch- Watch: Thin at this size13.1 / 101.2 bpAt $10k OKX’s book costs 101.2 bp to enter, 7.7× QFEX’s.
- Note: Margin at max leverage$1,000 + $500QFEX 10x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.42Long QFEX: 24 payments, +$0.42; short OKX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.086% vs −0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$132K vs $1.1M OIOKX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.06
Price spread−0.086% → −0.018% (7d avg)−$6.75
Slippage, 4 orderslive order books−$155.79
Fee QFEX bp × 2 orders−$10.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$182.48
Costs to cover1.758%Break-even21491.1 days
Slippage: QFEX: live order book, 3 min ago; OKX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX2.9213.1 bp−$13doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX12.48101.2 bp−$101219.9 bp−$2,199doesn’t fitdoesn’t fit
Closing costs about the same again.